Newsletter| EaseMyTrip CEO Nishant Pitti resigns; Will Nifty see double-digit returns in 2025? & more

Newsletter| EaseMyTrip CEO Nishant Pitti resigns; Will Nifty see double-digit returns in 2025? & more

#TopStories

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Nishant Pitti, Co-promoter of EaseMyTrip, resigns as CEO with immediate effect, cites personal reasons

Nishant Pitti, one of the co-promoters of Easy Trip Planners Ltd., the parent company of online travel aggregator EaseMyTrip, has resigned as the company’s CEO with effect from January 1, 2025, citing personal reasons.

Nishant Pitti had announced plans on Monday evening to sell his remaining 14% stake in the Easy Trip Planners via block deals. However, he could only manage to sell 1.4% of that stake on Tuesday.

New Year Relief: LPG cylinder prices slashed nationwide by ₹14.5

In a big relief on the New Year, the oil companies have reduced the rate of a 19-kg commercial LPG cylinder. The price of a 19-kg commercial LPG cylinder was cut by ₹14.5 on Wednesday (January 1).

The LPG cylinder will cost ₹1,804 in Delhi, ₹1,756 per 19-kg cylinder in Mumbai, ₹1,911 in Kolkata and ₹1,966 in Chennai. Apart from demand-supply dynamics, commercial LPG prices are driven by various factors such as international prices, and taxation policies.

ITC Hotels Listing: Will the demerged entity become a part of MSCI, FTSE indices?

ITC Hotels Ltd., the demerged hotels business of cigarettes-to-FMCG-to-hotels conglomerate ITC Ltd. will be making its stock market debut soon. Analysts have come up with estimates as to what price will the stock begin trading on the bourses.

Will it be a part of the MSCI and FTSE indices?

#CNBCTV18Market

Mega CNBC-TV18 Poll For 2025: This is the biggest investment theme for the new year

As Indian equities close out a historic ninth consecutive year of positive returns in 2024, the focus shifts to what lies ahead for investors in 2025. With most sectoral indices, led by the Nifty Pharma, delivering positive returns in 2024, the question beckons – what will be the preferred investment theme in the new year?

A recent CNBC-TV18 Outlook 2025 poll, conducted with 61 fund managers, high-net-worth individuals (HNIs), and market dealers, offers valuable insights into investor sentiment and sector preferences for the coming year.

Mega CNBC-TV18 Poll: 2025 will be the year of largecap stocks, majority participants say

As Indian equities mark their ninth consecutive year of positive returns—a record-breaking streak—the financial world is buzzing with speculation about what lies ahead in 2025. The year gone by saw historic benchmarks, including the highest funds raised in a single calendar year and a steadily expanding pool of domestic investors.

However, as the calendar turns, the big question remains: will the rally continue, and which market segments are poised to lead?

Mega CNBC-TV18 Poll: Will the Nifty see double-digit returns in the new year? The biggest market poll answers

2024 has now become the ninth consecutive year of positive returns for Indian equities and that is a record.The year itself was a record year in many ways, highest funds raised in a single year, the every growing domestic pool and so on.

But the big question is, what is in store for 2025?

Will the rally sustain? Will mid and smallcaps continue to outperform?Now Crystal Gazing is always a challenge. But CNBC-TV18 has reached out to the biggest market experts and bring to you OUTLOOK 2025 – the biggest market poll for the new year!

#PersonalFinance

From new FD withdrawal rules to credit card updates: Key changes to take place in January 2025

Several important changes in personal finance are expected to take effect in 2025. These updates aim to streamline processes, enhance benefits, and improve accessibility for individuals across different financial sectors.

Below are some of the key changes to look out for

Fixed deposit new rules from today: What you need to know

The Reserve Bank of India (RBI) has implemented new rules for fixed deposits (FDs) with Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) starting January 1. These changes simplify premature withdrawal terms and improve communication between depositors and financial institutions.

Here’s all you need to know

These credit cards will update lounge access rules from today

Starting January 1, 2025, new guidelines will reshape how RuPay and BOBCARD credit cardholders get airport lounge access. These changes introduce tiered spending requirements.

Here’s all cardholders need to know 

#NewYearRevelry

World Welcomes 2025: Mumbai, Sydney, and Rio lead global celebrations with massive crowds, fireworks

From Sydney to Rio, cities worldwide welcomed 2025 with dazzling fireworks, cultural rituals, and celebrations. Across India, major cities joined in the revelry, with large crowds marking the start of the new year in various traditional and modern ways.

Times Square NYE 2025 LIVE: New Year’s Eve Ball Drop in Times Square New York City

Thousands of revellers fill Times Square in New York to watch the ball drop on New Year’s Eve. At 6 p.m. ET, the celebration will begin atop One Times Square -–the building at the intersection of 42nd Street, Seventh Avenue and Broadway in the heart of Times Square— where the ball will be lit and raised, accompanied by special pyrotechnic effects.

We’ll see you tomorrow with another edition of 11:11

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